Business

MTN Demands Banks Fund Enhanced SIM-Swap Security in Nigeria

As SIM-swap fraud plagues Nigeria's digital economy, MTN Nigeria is offering a robust solution: banks footing the bill for telco-powered security checks. This move aims to protect millions of consumers and shore up the integrity of financial transactions across the nation. It's a critical step toward safeguarding the future of digital finance in Africa's largest economy.

Techpoint Africa·June 30, 2026AI-curated

SIM-swap has remained a major concern in Nigeria's digital economy, despite numerous roundtables and conferences to address this issue. MTN Nigeria says it has a lasting solution to the topic.

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This story was sourced from Techpoint Africa and rewritten in SEVA editorial voice. Read the full original at the source.